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CVEO — Civeo News Story

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Civeo Corp reports results for the quarter ended June 30 - Earnings Summary

Civeo Corp reports results for the quarter ended June 30 - Earnings Summary
  • Civeo Corp CVEO.N reported a quarterly adjusted loss of 23 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -1 cents. The mean expectation of three analysts for the quarter was for a loss of 15 cents per share. Wall Street expected results to range from -30 cents to 15 cents per share.

  • Revenue rose 10.6% to $180.02 million from a year ago; analysts expected $170.92 million.

  • Civeo Corp's reported EPS for the quarter was a loss of 23 cents​.

  • The company reported a quarterly loss of $2.52 million.

  • Civeo Corp shares had fallen by 7.1% this quarter and gained 42.1% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 1,600% in the last three months.​

  • In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

  • The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the real estate rental, development & operations peer group is "buy."

  • Wall Street's median 12-month price target for Civeo Corp is $38.00, about 14.5% above its last closing price of $32.50

This summary was machine generated from LSEG data July 30 at 02:22 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Jun. 30 2026

-0.15

-0.23

Missed

Mar. 31 2026

-0.61

-0.34

Beat

Dec. 31 2025

-0.43

-0.56

Missed

Sep. 30 2025

0.21

-0.04

Missed

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